Arguements among many critics tell that the emissions that cryptocurrency production involves can harm the earth. It thereby increases the Earth’s warmth. Undoubtedly mining involves using complicated computer software that consumes a great amount of power. Amidst these hassles, the market saw the advent of the Hedera Network.
HBAR is the native cryptocurrency of this network. Promising to bypass the conventional cons of most cryptos in the market, Hedera Network can yield substantial cryptos without affecting the Earth, with its low bandwidth consumption. That is why it’s of great interest to most investors who are nature conscious.
Did you know that HBAR is called the green Crypto because it uses up less energy, and takes a step towards sustainability?
The Hedera Network, deemed as an eco-friendly alternative, offers other superior benefits as well. With this network and crypto, making network transactions and microtransactions is just a click away, with it’s a highly secure system.
Want to invest in an altcoin that can yield profit and sustainability? But wondering if it could be the right move now? To make your journey to the decision easy, here is a deep analysis, trends and predictions of HBAR.
- 1 Table of contents
- 2 Overview
- 3 What is Hedera Hashgraph (HBAR) ?
- 4 HBAR Price Prediction 2021
- 5 FAQ
Table of contents
|Price(At Press Time)||$ 0.229|
|Circulating Supply||8.58 billion HBAR|
|All time high||$ 0.4495 March 15, 2021|
|All time low||$0.01001 January 02, 2020|
What is Hedera Hashgraph (HBAR) ?
- The Hashgraph network was developed in mid-2010 co-founded by Leemon Bird.
- However, the initial release happened seven years later, by July 2017.
- The project happened for several years and was found by a company called Hedera Hashgraph, in Texas.
- It is known for the higher transaction speeds, and statistics say that, around 10,000 transactions are possible per second.
- And that is why Hashgraph is often referred to as a blockchain superior because all payments can happen rapidly, fairly and securely.
- By granting SAFT, which is a simple agreement for future tokens, the network has turned over $124 million in just three years.
- There are more than ten crypto exchanges where HBAR can be bought, sold or exchanged.
- Some famous exchanges include Binance, Bittrex, Paybito and OKEx.
HBAR Price Prediction 2021
The HBAR price started this year at $0.03 and stayed the same negligible for the first few days. But the price started smashing and escalated up to $0.1 the following months. Currently, it is seen sailing near $0.2. However, the bulls are expected to rally for the currency and may reach a maximum price of $1 by the end of 2021. The average price may be near $0.6. On the lower end, it may reach a price near $0.3.
HBAR Price prediction 2022
The following year is expected to see a further rise in the price figures. Predictions say that the average price at which HBAR will trade by the end of 2022 will be $1.2. It is expected that the price trends will reach a high near $1.5. If the trends get reversed the price may reach a low of $0.9
Price Prediction For The Next Five Years
The next five year predictions believe that the price movements move up the graph. From an average value of $1.2 by the end of 2022, the price is expected to move beyond $2 and reach $2.29 by the next five years. However, the lowest price the coin could see may be near $2. Also, the coin is expected to smash a new ATH of $4 in the coming years
Our Price Prediction
The HBAR price is expected to move up and reach new ATH in the coming years. We predict that by the end of 2021, HBAR may reach a price figure near $0.8. However, the $1 milestone is expected to come true by 2022. By the end of five years, the highest value may be around $4.5 and lowest price may be near $1.5. The average price would sail around a decent figure of $2.
HBAR Market Price Predictions
Let’s now see how different platforms have predicted the price trends of HBAR.
According to their predictions the HBAR price is expected to climb the graph steadily. They believe that the coin will reach a price of $0.6 by the end of this year. After five years, the price is expected to sail near $3.2. And they strongly believe that $1 may not be easy this year.
They have predicted the Hedera Hashgraph price to move up the curve and reach $0.349 by the next year which is twice its current price. The highest price expected in the near future is around $1.4.
The HBAR price predictions by Govcapital say that the price is expected to reach around $0.7 by the end of this year. The price is believed to escalate and reach a new milestone of $5 in the next five years.
Hedera Hashgraph Historic price sentiments
The year started with a negligible price figure of HBAR and remained the same for a few months. However, by September, the closing price was seen moving between $0.03 and $0.05. The price trends were highly wavering and by the end of 2019, the price dripped and was at $0.01.
The year commenced with a price of $0.01 and remained the same for the first month. However by February, the price surged and was sailing high, swinging between $0.02 and $0.07. By mid of 2020, the price was steadily moving at $0.04. But by the end of 2020, the price again dropped to $0.03.
Yes, according to trusted predictions the HBAR price is expected to rise with the coming years. The long term earning potential is around 267%.
HBAR is expected to reach a $1 price figure by the year of 2022. But if the trends favour the coin, the $1 milestone may be achieved by the end of 2021.
No. HBAR price is only expected to move upwards and will not possibly crash in the future.
Hedera Hashgraph (HBAR) is considered a terrific long-term investment opportunity and probably one of the few cryptocurrencies that could generate profit in the face of a bear market or adverse economic conditions. Hedera is a good investment because its technology is superior to all other cryptocurrency.